Common use of Classes and Types of Loans Clause in Contracts

Classes and Types of Loans. Loans hereunder are distinguished by -------------------------- "Class" and by "Type". The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan, a Term Loan or an Incremental Facility Loan, each of which constitutes a Class. The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans may be identified by both Class and Type. Incremental Facility Loans and Incremental Facility Commitments shall be classified by Series, each of which shall be considered a separate Class.

Appears in 3 contracts

Samples: Credit Agreement (Mediacom Communications Corp), Credit Agreement (Mediacom LLC), Credit Agreement (Mediacom LLC)

AutoNDA by SimpleDocs

Classes and Types of Loans. Loans hereunder are distinguished -------------------------- by -------------------------- "Class" and by "Type". The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan, a Term Loan or an Incremental Facility Loan, each of which constitutes a Class. The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans may be identified by both Class and Type. Incremental Facility Loans and Incremental Facility Commitments shall be classified by Series, each of which shall be considered a separate Class.

Appears in 1 contract

Samples: Credit Agreement (Mediacom Communications Corp)

Classes and Types of Loans. Loans hereunder are distinguished by -------------------------- "Class" and by "Type". The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan, a Term Loan or an Incremental Facility Loan, each of which constitutes a Class. The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans may be identified by both Class and Type. The Incremental Facility Loans and Incremental Facility Loan Commitments of each Series shall be classified by Series, each of which shall deemed to be considered a separate Class.Class of Loans and Commitments. Credit Agreement ----------------

Appears in 1 contract

Samples: Credit Agreement (Advo Inc)

Classes and Types of Loans. Loans hereunder are distinguished by -------------------------- "Class" and by "Type". The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan, a Tranche A Term Loan, a Tranche B Term Loan, an Incremental Facility Revolving Credit Loan or an Incremental Facility LoanTerm Loan of any Series, each of which constitutes a Class. The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans may be identified by both Class and Type. Incremental Facility Loans and Incremental Facility Commitments shall also be classified by Series, each of which shall be considered a separate Class.

Appears in 1 contract

Samples: Credit Agreement (Mediacom Communications Corp)

AutoNDA by SimpleDocs

Classes and Types of Loans. Loans hereunder are distinguished by -------------------------- "Class" and by "Type". The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan, a Tranche A Term Loan, a Tranche B Term Loan, an Incremental Facility Revolving Credit Loan or an Incremental Facility LoanTerm Loan of any Series, each of which constitutes a Class. The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans may be identified by both Class and Type. Incremental Facility Loans and Incremental Facility Commitments shall also be classified by Series, each of which shall be considered a separate Class.

Appears in 1 contract

Samples: Credit Agreement (Mediacom Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!